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Realized and Unrealized Gain/(Loss) on Oil and Gas Derivative Instruments | 9 Months Ended
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Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Realized and unrealized gain/(loss) on oil and gas derivative instruments | REALIZED AND UNREALIZED GAIN/(LOSS) ON OIL AND GAS DERIVATIVE INSTRUMENTS The realized and unrealized gain/(loss) on the oil and gas derivative instruments is comprised of the following:
| Nine months ended September 30,
| 2024 | 2023
Realized gain on FLNG Hilli’s oil derivative instrument | 55,180 |  | 50,592 |
Realized mark-to-market (“MTM”) adjustment on commodity swap derivatives | 37,079 |  | 64,809 |
Realized gain on FLNG Hilli’s gas derivative instrument | 15,327 |  | 30,986 |
Realized gain on oil and gas derivative instruments | 107,586 |  | 146,387 |
Unrealized loss on FLNG Hilli’s oil derivative instrument (note 16) | (44,904) |  | (4,407) |
Unrealized MTM adjustment on commodity swap derivatives | (35,788) |  | (43,639) |
Unrealized loss on FLNG Hilli’s gas derivative instrument (note 16) | (6,901) |  | (109,703) |
Unrealized loss on oil and gas derivative instruments | (87,593) |  | (157,749) |
Realized and unrealized gain/(loss) on oil and gas derivative instruments | 19,993 |  | (11,362) |
The realized gain/(loss) on oil and gas derivative instruments results from monthly billings above the FLNG Hilli base tolling fee and the incremental capacity increase pursuant to respective LTA amendments, whereas the unrealized gain/(loss) on oil and gas derivative instruments results from movements in forecasted oil and natural gas prices and Euro/U.S. Dollar exchange rates. OTHER NON-OPERATING LOSSES Other non-operating losses are comprised of the following:
| Nine months ended September 30,
| 2024 | 2023
Realized and unrealized MTM losses on investment in listed equity securities (1) | — |  | (62,308) |
Dividend income from our investment in listed equity securities | — |  | 9,823 |
Other non-operating losses | — |  | (52,485) |
(1) During the nine months ended September 30, 2023, we sold 1.2 million shares of Class A NFE common shares (“NFE Shares”) at a price range between $36.90 and $40.38 per share for an aggregate consideration of $45.6 million which resulted to $62.3 million realized MTM losses. We also disposed of our remaining 4.1 million NFE Shares that were applied as partial consideration for the repurchase of 1,230 common units in Golar Hilli LLC (“Hilli LLC”) from NFE, which NFE acquired pursuant to the sale of our investment in Golar LNG Partners LP (“Golar Partners”) to NFE in April 2021. Following these transactions, we no longer hold any listed equity securities.

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- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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